Wyoming § 17-10-242 Articles of dissolution

Wyoming Statutes

§ 17-10-242 — Articles of dissolution

Wyoming § 17-10-242

Title 17Corporations, Partnerships and Associations

Ch. 10COOPERATIVE MARKETING ASSOCIATIONS

Art. 2PROCESSING COOPERATIVE

This text of Wyoming § 17-10-242 (Articles of dissolution) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 17-10-242 (2026).

Text

(a)Articles of dissolution of a cooperative shall be filed with the secretary of state after payment of the claims of all known creditors and claimants has been made or provided for and the remaining property has been distributed by the board. The articles of dissolution shall state:

(i)That all debts, obligations, and liabilities of the cooperative have been paid or discharged or adequate provisions have been made for them or time periods allowing claims have run and other claims are not outstanding;

(ii)That the remaining property, assets, and claims of the cooperative have been distributed among the members or pursuant to a liquidation authorized by the members; and

(iii)That legal, administrative, or arbitration proceedings by or against the cooperative are not pending or adequate

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Articles of dissolution of a cooperative shall be
filed with the secretary of state after payment of the claims of
all known creditors and claimants has been made or provided for
and the remaining property has been distributed by the board.
The articles of dissolution shall state:
(i) That all debts, obligations, and liabilities of
the cooperative have been paid or discharged or adequate
provisions have been made for them or time periods allowing
claims have run and other claims are not outstanding;
(ii) That the remaining property, assets, and claims
of the cooperative have been distributed among the members or
pursuant to a liquidation authorized by the members; and
(iii) That legal, administrative, or arbitration
proceedings by or against the cooperative are not pending or
adequate provision has been made for the satisfaction of a
judgment, order or decree that may be entered against the
cooperative in a pending proceeding.
(b) The cooperative is dissolved when the articles of
dissolution have been filed with the secretary of state.
(c) The secretary of state shall issue to the dissolved
cooperative or its legal representative a certificate of
dissolution that contains:
(i) The name of the dissolved cooperative;
(ii) The date the articles of dissolution were filed
with the secretary of state; and
(iii) A statement that the cooperative is dissolved.